Markets News
The analyst also treats the latest crypto ban in China as bullish for Bitcoin and the U.S. dollar.
23128
Bitcoin Analysis News
Bitcoin analysis is assessment of the cryptocurrency market in order to follow tendencies, make predictions and gain benefits from doing so. Cryptocurrency traders already have some approaches for this and one of them is by using Bitcoin technical analysis, which investigates all the backgrounds of cryptocoins, including price charts and trading volumes, with there being no difference in which kind of virtual currency is chosen. Using methods like this helps experts to make wiser trades of Bitcoin, to analyze market’s sentiment and to highlight major trends. In addition, there are also some special applications helping not only specialists, but also beginners to keep track of changes of Bitcoin in a convenient way, such as chart analysis, chain analysis, etc.
- Markets News
Bitcoin’s bounce above $32,000 boosted the mood among traders who believe the bottom is in, but some analysts caution that heavy resistance blocks the road to new highs.
13437 - Altcoin Watch
The cryptocurrency market recovered on Thursday after renewed endorsements from Elon Musk at “The ₿ Word” conference on Wednesday.
16010 - Markets News
Alameda Research, headed by Sam Bankman-Fried, whose net worth lately has reached over $8 billion, has upped its Bitcoin buying around its key psychological support of $30,000.
19362 - Market Analysis
The 50-week simple moving average earlier offered incredible support for Bitcoin's long-term bullish bias, but bears convincingly took it during the June 19 sell-off.
32205 - Markets News
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next, but is such a massive drop feasible against the backdrop of current macro fundamentals?
11547 - Market Analysis
Bitcoin price struggles to gain momentum as historically low spot volumes and a strengthening dollar result in widespread indecision from most traders.
12457 - Market Analysis
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.
31025 - Market Analysis
A strengthening dollar could be negative for pretty much every risk asset on board, including Bitcoin, whose value boomed against the dwindling greenback after March 2020.
14816 - Market Analysis
On-chain data shows two dramatic declines in the Bitcoin reserves held by a Canadian Bitcoin fund but there's a catch.
19428 - Markets News
The latest price declines came after the U.S. inflation rose to a 30-year high in June.
13529 - Markets News
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday.
6716 - Market Analysis
Glassnode data reveals that investors with a long-term risk outlook have started accumulating Bitcoin during its recent downtrend.
25171 - Markets News
The bearish outlook surfaces as Bitcoin prices form a classic cup and handle pattern, now in the last stage of its maturity.
26682 - Altcoin Watch
A recent rundown in the FLOW market has activated a bearish technical pattern, risking huge declines in the sessions ahead.
3125